Three ETFs To Watch This Week: RTH, EWU, IAH

Equity markets are coming off another rough stretch, as the S&P 500 fell by close to 4% and oil lost nearly 7% last week on increased anxiety over the global economic outlook. These fears came as a result of the Fed’s August policy meeting in which the central bank announced that it was leaving rates steady but would reinvest the proceeds from its maturing mortgage-backed security portfolio in long-term bonds. With this announcement of “quantitative easing part II” many investors sold off their shares and fled for the relative safety of gold and Treasury bonds, both of which held up very well in light of the crisis. While news was not good in the U.S., European markets showed some signs of life; the region reported better-than-expected 1.0% GDP growth for the most recent quarter, led by powerhouse Germany which saw its economy surge higher by 2.2% for the quarter. This [...] Click here to read the original article on ETFdb.com. Related Stories: Three ETFs To Watch This Week: SIL, TLT, NUCL Three ETFs To Watch This Week: XLF, XHB, FXC Three ETFs To Watch This Week: PPH, FAA, HHH